2270 E LINCOLN HWY, Langhorne, PA 19047
2270 E LINCOLN HWY, Langhorne, PA 19047
2270 E LINCOLN HWY, Langhorne, PA 19047
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Listed by Josh Pagan • Keller Williams Main Line
$4,850,000
Est. payment /mo
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2.04 Acres Lot
New

2270 E LINCOLN HWY Langhorne, PA 19047

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Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

MLS Listing ID PABU2134876

Year Built 1982

Annual Tax Amount $73,914

Tax Year 2026

Lot Size 2.041 Acres

Acres 2.04

Property Sub-Type Retail

Source BRIGHT

Property Description

2270-2272 E Lincoln Hwy is a 27,018 SF freestanding, single-story retail building on 2.041 acres at the Oxford Valley Mall in Middletown Township, Bucks County. It is 100% leased on net leases to two national retailers: Mattress Firm (Sleepy's, LLC, a Somnigroup International subsidiary), here since 2005, and The Tile Shop, here since 2013 and guaranteed by its parent, Tile Shop Holdings. The tenants reimburse taxes, insurance and CAM and pay for their own HVAC, including replacement; the roof was replaced in 2019 and 2023. Offered at $4,850,000 ($179.51/SF), an 8.9% cap rate on in-place NOI, with option rent increases already written into both leases. The site has 80 surface parking spaces and sits across Lincoln Highway from Target, near ALDI, Burlington and Sam's Club.

Location

State PA

County Bucks

Area Langhorne Boro (10118)

Zoning GB

Interior

Hot Water Electric

Heating Forced Air

Cooling Central A/C

Inclusions Land and building as leased

Heat Source Other

Exterior

Garage Spaces 80.0

Water Access N

Accessibility None

Total Parking Spaces 80

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Neshaminy

Others

Tax ID 22-040-039

Ownership Fee Simple

Special Listing Condition Standard


Bright MLS (BMLS)

NEARBY SCHOOL & BUSINESS

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Zack Grimmer

Zack Grimmer

Associate Broker | Team Leader | REALTOR | Mortgage Loan Officer License ID: RS346782 | 1973175 | BK359849

+1(215) 667-0238

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2270 E LINCOLN HWY